A rare opportunity to purchase a very special cabin at the top of Elk Avenue in Crested Butte. Originally built in the 1970's this classic charming home, formerly "Crested Butte Bathhouse", is located in the commercial/residential core of Crested Butte providing a buyer multiple opportunities for use. The legal description states this is a townhome. 32 Elk & 405 First has been legally separated and the original HOA has been dissolved, leaving a stand alone home with an incredibly quiet & private patio, just steps from Elk avenue. As you enter the property, a flagstone patio with perennials gardens & shady trees create the perfect space to relax & enjoy views of Mt Crested Butte! Once inside, You can feel the "CB character" with old world wood doors & floors leading into the kitchen. Both a primary bedroom & ensuite bath & bunkroom are located on the first floor. The sunken living room is where the old "Bathhouse" was located, with an incredible view of Mt Crested Butte and is one of the more cozier spaces you will be drawn to. The second level of the home features a large loft that overlooks the living area, providing a perfect space for an office or overflow, for guests. A third bedroom is located next to the loft with its own private entry stairwell to the outside. Just steps from your favorite restaurants & one block from the year round free bus service to the resort, this home is a slam dunk location!!! Come see a piece of fun CB history & fall in love with this sweet home.
Active
Price increase: $150K (6/29)
$1,250,000
405 First Street, Crested Butte, CO 81224
3beds
1,331sqft
Stick Built
Built in 1975
2,352 Square Feet Lot
$1,214,400 Zestimate®
$939/sqft
$-- HOA
What's special
Shady treesPerennials gardensFlagstone patioClassic charming homeRare opportunity
- 10 days |
- 1,005 |
- 42 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rachael Baskfield Miller C:970-596-4423,
Coldwell Banker Mountain Properties
Source: CREN,MLS#: 836538
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Dining room
- Features: Eat-in Kitchen
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Ceiling Fan(s)
- Flooring: Carpet-Partial, Hardwood, Linoleum, Tile
- Windows: Window Coverings, Skylight(s)
- Has fireplace: Yes
- Fireplace features: Stove Insert
Interior area
- Total structure area: 1,331
- Total interior livable area: 1,331 sqft
Property
Features
- Levels: Two,Split-Level
- Stories: 2
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2,352 Square Feet
Details
- Parcel number: 325503152013
- Zoning description: Commercial,Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Materials
- Wood Frame, Log Siding, Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Cable Connected, Electricity Connected, Internet, Natural Gas Connected
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Crested Butte
Financial & listing details
- Price per square foot: $939/sqft
- Tax assessed value: $1,093,250
- Annual tax amount: $5,084
- Date on market: 6/29/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,214,400
$1.15M - $1.28M
$2,696/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $1,250,000+13.6%$939/sqft |
Source: | ||
| 11/9/2021 | Price change | $1,100,000-8.3%$826/sqft |
Source: | ||
| 9/1/2021 | Listed for sale | $1,200,000$902/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,804 +2.8% | $68,330 -4.9% |
| 2024 | $4,674 +4.8% | $71,850 +0.4% |
| 2023 | $4,458 +10.4% | $71,530 +25.8% |
| 2022 | $4,037 +23.5% | $56,880 -2.8% |
| 2021 | $3,268 | $58,510 +22.4% |
| 2020 | $3,268 +11.7% | $47,810 -0.7% |
| 2019 | $2,925 | $48,140 +14.1% |
| 2018 | $2,925 | $42,200 |
| 2017 | $2,925 -0.7% | $42,200 +14.6% |
| 2016 | $2,945 +173% | $36,810 |
| 2015 | $1,079 | $36,810 +15.6% |
| 2014 | -- | $31,840 |
| 2013 | -- | $31,840 +44.1% |
| 2011 | -- | $22,090 -47.3% |
| 2010 | -- | $41,890 |
| 2009 | -- | $41,890 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81224
Nearby schools
GreatSchools rating
- 9/10Crested Butte Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Gunnison Middle SchoolGrades: 6-8Distance: 22 mi
- 4/10Gunnison High SchoolGrades: 9-12Distance: 22.4 mi
Schools provided by the listing agent
- Elementary: Crested Butte Community K-12
- Middle: Crested Butte Community K-12
- High: Crested Butte Community K-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Gunnison County
- Crested Butte
- 81224
- 405 First Street





